Sep 27, 2012 3:00pm EDT
energy oil independent. liz: an annual low rate from the previous 1.7%. from your perspective, what do we need to do to figure out this problem of growth? >> first of all, why is it they always have to revise lower? we need to, in my view, the burden the small and large businesses from the uncertainty they have right now. on this fiscal cliff. look at the sequestration, all the disasters that lie ahead. leof course we have a dysfunctional government, you want to blame republicans, democrats, it is dysfunctional. the business person out there, going to have to hire an accountant to handle obamacare and the new regulations coming down? or are you going to hire additional people? we have to give them an environment of certainty, and that means among other things a tax code with two deductions, home loan and charitable deductions and the rest of it you do away with. have you met an american but when support that simplification of the tax code? liz: i met a lot of lobbyists but wouldn't. but they quickly get your thoughts on defense spending. facing billions and billions of cuts over 10 years.
Sep 27, 2012 7:00pm EDT
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Sep 27, 2012 2:00am PDT
to regions. and let's get going. together. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. >>> all right. don't mind us. 25 minutes after the hour. minding your business this morning, u.s. stock futures are up. this is welcome news after the s&p 500 closed lower for the fifth straight day yesterday. that's right, it was all zpoom gloom, because of concerns about europe, particularly greece and spain as protesters hit the streets in athens and madrid, still going on there. not getting any better. christine romans is here to talk a little bit more about that. hey, good morning. >> good morning. those pictures were really frightening, weren't they? and a lot of people on wall street were watching those, because we're very concerned about what's happening in europe. and also here, concerned